University of Purdue Global Capital Budget Recommendation Essay

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Assignment Content

Capital budget analysts in the State Department of Corrections would help develop and make recommendations for the capital budget plan.Imagine you are a capital budget analyst for the State Department of Corrections. You are helping develop the capital budget plan for the agency and are tasked with analyzing two options to deal with a growing prison population.
Option 1 Construct 1,000 new prison beds in an additional wing at the state facility.
Option 2 Contract with a private prison company to rent 1,000 prison beds.
Review the Capital Budget Cost Data resource, which describes both options.
Write a 525- to 700-words recommendation on which option you recommend, including in the capital budget, and provide a detailed explanation of why you recommend this option.Discuss the benefits and drawbacks of each option, including political considerations.Identify short- and long-term cost considerations for both options.
Format your assignment according to APA guidelines.

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